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景顺（IVZ）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
景顺的季度营收约是RUSH ENTERPRISES INC \TX\的1.0倍（$1.7B vs $1.7B），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs -58.9%，领先62.5%），景顺同比增速更快（6.2% vs -9.0%），景顺自由现金流更多（$432.2M vs $411.6M），过去两年景顺的营收复合增速更高（7.1% vs -6.8%）
景顺是总部位于美国佐治亚州亚特兰大的独立投资管理企业，在全球20个国家设有分支机构，旗下运营景顺、Invesco Perpetual、PowerShares等品牌，普通股为标普500指数成分股，于纽约证券交易所挂牌交易。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
IVZ vs RUSHA — 直观对比
营收规模更大
IVZ
是对方的1.0倍
$1.7B
营收增速更快
IVZ
高出15.2%
-9.0%
净利率更高
RUSHA
高出62.5%
-58.9%
自由现金流更多
IVZ
多$20.6M
$411.6M
两年增速更快
IVZ
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.7B |
| 净利润 | $-995.9M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | -86.2% | 4.9% |
| 净利率 | -58.9% | 3.7% |
| 营收同比 | 6.2% | -9.0% |
| 净利润同比 | -575.8% | 1.8% |
| 每股收益（稀释后） | $-2.61 | $0.77 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IVZRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.7B | $1.7B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.6B | $1.9B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.5B | $1.9B |
净利润IVZRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $-995.9M | $64.3M | ||
| Q3 25 | $356.4M | $66.7M | ||
| Q2 25 | $197.4M | $72.4M | ||
| Q1 25 | $171.1M | $60.3M | ||
| Q4 24 | $209.3M | $74.8M | ||
| Q3 24 | $55.0M | $79.1M | ||
| Q2 24 | $132.2M | $78.7M |
毛利率IVZRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
营业利润率IVZRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | -86.2% | 5.5% | ||
| Q3 25 | 16.5% | 5.6% | ||
| Q2 25 | 14.1% | 6.0% | ||
| Q1 25 | 18.1% | 5.2% | ||
| Q4 24 | 19.6% | 5.8% | ||
| Q3 24 | 6.6% | 6.7% | ||
| Q2 24 | 13.9% | 6.4% |
净利率IVZRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | -58.9% | 3.8% | ||
| Q3 25 | 21.7% | 3.7% | ||
| Q2 25 | 13.0% | 3.9% | ||
| Q1 25 | 11.2% | 3.4% | ||
| Q4 24 | 13.1% | 3.9% | ||
| Q3 24 | 3.6% | 4.4% | ||
| Q2 24 | 8.9% | 4.1% |
每股收益（稀释后）IVZRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $-2.61 | $0.81 | ||
| Q3 25 | $0.66 | $0.83 | ||
| Q2 25 | $-0.03 | $0.90 | ||
| Q1 25 | $0.38 | $0.73 | ||
| Q4 24 | $0.46 | $-95.13 | ||
| Q3 24 | $0.12 | $0.97 | ||
| Q2 24 | $0.29 | $97.00 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.0B | — |
| 总债务越低越好 | $1.8B | $277.8M |
| 股东权益账面价值 | $12.2B | $2.3B |
| 总资产 | $27.1B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资IVZRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $212.6M | ||
| Q3 25 | $973.1M | $242.0M | ||
| Q2 25 | $922.7M | $211.1M | ||
| Q1 25 | $821.7M | $228.7M | ||
| Q4 24 | $986.5M | $228.1M | ||
| Q3 24 | $1.0B | $185.1M | ||
| Q2 24 | $878.5M | $167.3M |
总债务IVZRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $1.8B | $274.8M | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $964.8M | — | ||
| Q4 24 | $890.6M | $408.4M | ||
| Q3 24 | $890.3M | — | ||
| Q2 24 | $890.1M | — |
股东权益IVZRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $12.2B | $2.2B | ||
| Q3 25 | $14.0B | $2.2B | ||
| Q2 25 | $13.9B | $2.2B | ||
| Q1 25 | $14.7B | $2.2B | ||
| Q4 24 | $14.6B | $2.1B | ||
| Q3 24 | $14.8B | $2.1B | ||
| Q2 24 | $14.6B | $2.0B |
总资产IVZRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $27.1B | $4.4B | ||
| Q3 25 | $28.4B | $4.6B | ||
| Q2 25 | $28.5B | $4.7B | ||
| Q1 25 | $28.1B | $4.7B | ||
| Q4 24 | $27.0B | $4.6B | ||
| Q3 24 | $27.5B | $4.6B | ||
| Q2 24 | $27.2B | $4.5B |
负债/权益比IVZRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.15× | 0.12× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.06× | 0.19× | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.06× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $455.8M | — |
| 自由现金流经营现金流 - 资本支出 | $432.2M | $411.6M |
| 自由现金流率自由现金流/营收 | 25.5% | 24.4% |
| 资本支出强度资本支出/营收 | 1.4% | 2.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | $828.4M |
8季度趋势，按日历期对齐
经营现金流IVZRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $455.8M | $112.9M | ||
| Q3 25 | $606.2M | $367.8M | ||
| Q2 25 | $547.9M | $227.6M | ||
| Q1 25 | $-84.6M | $153.5M | ||
| Q4 24 | $316.9M | $392.3M | ||
| Q3 24 | $438.4M | $111.7M | ||
| Q2 24 | $489.1M | $270.6M |
自由现金流IVZRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $432.2M | $31.9M | ||
| Q3 25 | $586.4M | $271.2M | ||
| Q2 25 | $530.4M | $113.8M | ||
| Q1 25 | $-108.0M | $45.1M | ||
| Q4 24 | $309.9M | $263.5M | ||
| Q3 24 | $410.0M | $-20.0M | ||
| Q2 24 | $462.4M | $177.2M |
自由现金流率IVZRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 25.5% | 1.9% | ||
| Q3 25 | 35.7% | 15.2% | ||
| Q2 25 | 35.0% | 6.2% | ||
| Q1 25 | -7.1% | 2.6% | ||
| Q4 24 | 19.5% | 13.7% | ||
| Q3 24 | 27.1% | -1.1% | ||
| Q2 24 | 31.2% | 9.1% |
资本支出强度IVZRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 1.4% | 4.8% | ||
| Q3 25 | 1.2% | 5.4% | ||
| Q2 25 | 1.2% | 6.2% | ||
| Q1 25 | 1.5% | 6.2% | ||
| Q4 24 | 0.4% | 6.7% | ||
| Q3 24 | 1.9% | 7.3% | ||
| Q2 24 | 1.8% | 4.8% |
现金转化率IVZRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | 1.70× | 5.51× | ||
| Q2 25 | 2.78× | 3.14× | ||
| Q1 25 | -0.49× | 2.55× | ||
| Q4 24 | 1.51× | 5.25× | ||
| Q3 24 | 7.97× | 1.41× | ||
| Q2 24 | 3.70× | 3.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IVZ
| Investment Advice | $1.2B | 73% |
| Distribution And Shareholder Service | $382.7M | 23% |
| Financial Service Other | $51.0M | 3% |
| Investment Performance | $28.9M | 2% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
